Blueprint
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Celcuity
Inc.
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(Name
of Issuer)
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Common
Stock
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(Title
of Class of Securities)
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15102K
100
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(CUSIP
Number)
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December
31, 2019
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(Date
of Event Which Requires Filing of this Statement)
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Check
the appropriate box to designate the rule pursuant to which this
Schedule is filed:
*The
remainder of this cover page shall be filled out for a reporting
person’s initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The
information required on the remainder of this cover page shall not
be deemed to be “filed” for the purpose of Section 18
of the Securities Exchange Act of 1934 (“Act”) or
otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1
of 5 Pages
SCHEDULE
13G
CUSIP
No. 15102K 100
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Page
2 of 5 Pages
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1.
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Names of Reporting
Persons.
I.R.S.
Identification Nos. of above persons (entities only).
Lance G.
Laing
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2.
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Check the
Appropriate Box if a Member of a Group (See
Instructions)
(a) ☐
(b) ☐
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3.
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SEC Use
Only
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4.
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Citizenship of
Place of Organization
USA
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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5.
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Sole Voting
Power
1,270,846
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6.
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Shared Voting
Power
0
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7.
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Sole Dispositive
Power
1,270,846
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8.
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Shared Dispositive
Power
0
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9.
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Aggregate Amount
Beneficially Owned by each Reporting Person
1,270,846
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10.
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Check if the
Aggregate Amount in Row (9) Excludes Certain Shares
☐
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11.
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Percent of Class
Represented by Amount in Row 9
12.4%
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12.
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Type of Reporting
Person (See Instructions)
IN
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Item
1(a)
Name
of Issuer:
Celcuity
Inc.
Item
1(b)
Address
of Issuer’s Principal Executive Offices:
16305
36th
Avenue North
Suite
100
Minneapolis, MN
55446
Item
2(a)
Name
of Person Filing:
Lance G.
Laing
Item
2(b)
Address
of Principal Business Office or, if None, Residence:
16305
36th
Avenue North
Suite
100
Minneapolis, MN
55446
USA
Item
2(d)
Title
of Class of Securities:
Common
Stock
Item 2(e)
CUSIP Number: 15102K 100
Item
3
If
this statement is filed pursuant to §§ 240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is
a:
(a)
Broker or dealer
registered under Section 15 of the Act.
(b)
Bank as defined in
Section 3(a)(6) of the Act.
(c)
Insurance company
as defined in Section 3(a)(19) of the Act.
(d)
Investment company
registered under Section 8 of the Investment
Company
Act of 1940.
(e)
An investment
adviser in accordance with §
240.13d-1(b)(1)(ii)(E).
(f)
An employee benefit
plan or endowment fund in accordance with
§
240.13d-1(b)(1)(ii)(F).
(g)
A parent holding
company or control person in accordance with
§
240.13d-1(b)(1)(ii)(G).
(h)
A savings
association as defined in Section 3(b) of the Federal
Deposit
Insurance Act.
(i)
A church plan that
is excluded from the definition of an investment
company
under Section 3(c)(14) of the Investment Company Act.
(j)
A non-U.S.
institution in accordance with §
240.13d-1(b)(1)(ii)(J);
(k)
Group, in
accordance with § 240.13d-1(b)(1)(ii)(K).
Page 3 of 5 Pages
If
filing as a non-U.S. institution in accordance with §
240.13d-1(b)(1)(ii)(J), please specify the type of
institution:
Item
4 Ownership
See
Cover Page, Items 5 through 11.
Item
5 Ownership of Five Percent or Less of a
Class:
If this
statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following ☐.
Item
6 Ownership of More than Five Percent on Behalf
of Another Person:
Not
applicable.
Item
7 Identification and Classification of the
Subsidiary Which Acquired the Security
Being Reported on by the Parent Holding
Company:
Not
applicable.
Item
8 Identification and Classification of Members of
the Group:
Not
applicable.
Item
9 Notice of Dissolution of Group:
Not
applicable.
Item
10 Certifications:
Not
applicable.
Page 4 of 5 Pages
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
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Date:
February 12, 2020
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By:
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/s/
Lance
G. Laing
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Lance G.
Laing
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